Project Description

When Bitcoin or other cryptocurrencies go missing, we often think of exchange hacks and scams as the most likely culprits. But a mundane reason is probably more prevalent: the owners simply lost them.

According to research from blockchain forensics firm Chainalysis, about 3.79 million Bitcoin have been lost, including the million owned by the currency’s elusive creator, Satoshi Nakamoto. Those missing coins are currently worth about US$24.6 billion, or more than the GDP of Iceland.